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A Life Contingency Approach for Physical Assets: Create Volatility to Create Value
the formula that was used for M(t) in Figure 1. 17 represents about a 25 percent increase in the present ... replacement costs 0.0 0.5 1.0 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 Year of replacement C os t o ...- Authors: Thomas Emil Wendling
- Date: Mar 2011
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Enterprise Risk Management; Modeling & Statistical Methods>Stochastic models